Discussion
I'm currently trying to assess the market to find out what the going labour rate is that self employed people charge companies.
Rates will include travel, onsite and car miles.
The work will be instrumentation service engineer related (installation, commissioning, calibration, fault finding, repair etc) at power stations, cement and aggregates companies.
The company that may be sub-contracting me the work charge the customer £50 p/h for labour/travel and £0.50 per mile.
Any engineers working in a similar field who are happy to disclose what they charge will be much appreciated.
Rates will include travel, onsite and car miles.
The work will be instrumentation service engineer related (installation, commissioning, calibration, fault finding, repair etc) at power stations, cement and aggregates companies.
The company that may be sub-contracting me the work charge the customer £50 p/h for labour/travel and £0.50 per mile.
Any engineers working in a similar field who are happy to disclose what they charge will be much appreciated.
As the company that will be sub-contracting to you will be responsible for collecting payment, effectively guaranteeing your payment, I'd suggest Labour & Travel £35, Mileage £0.50.
Problem you'll have is liability insurance, carrying out risk assessments, method statements, Health & Safety responsible person, PPE, first aid and so on, especially given the requirements in places like power stations. Add in re-visits/complaints, holidays, sick leave, number of days you'll actually be required and you'll scrape a living if you're lucky. Say you fit a part and it goes pop for any reason, are you covered? Break something at the customer's - are you covered?
If you work for the company involved now, sorry but they're getting rid of the you by the back door. I know a lot of companies that used Sub's - the Sub's took some work which was ok when times were good. Now the companies are gunning for the work for their guys and are actively targeting Sub's customers by undercutting and or spares discounts.
I know lads who've had to go back into employment after 6 months. You need a plan to get off the tools as your only income or you're doomed.
Problem you'll have is liability insurance, carrying out risk assessments, method statements, Health & Safety responsible person, PPE, first aid and so on, especially given the requirements in places like power stations. Add in re-visits/complaints, holidays, sick leave, number of days you'll actually be required and you'll scrape a living if you're lucky. Say you fit a part and it goes pop for any reason, are you covered? Break something at the customer's - are you covered?
If you work for the company involved now, sorry but they're getting rid of the you by the back door. I know a lot of companies that used Sub's - the Sub's took some work which was ok when times were good. Now the companies are gunning for the work for their guys and are actively targeting Sub's customers by undercutting and or spares discounts.
I know lads who've had to go back into employment after 6 months. You need a plan to get off the tools as your only income or you're doomed.
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